Market outlook for 25/08/2015

Nifty closed down 490.95 points (5.92%) at 7809.00 while Future closed at 7806.35, discount of 2.65 points.
Bank Nifty closed down 1245.40 points (6.69%) at 16811.80 while Future closed at 16760.60, discount of 51.20 points.

• FII sold HUGE in Cash (Net sell 5275.40 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 0.44 Crore)
• DII bought huge in Cash (Net buy 4097.83 Crore)
• Most Active Nifty Call Option: 8100 and 8200.
• Most Active Nifty Put Options: 7900 and 7800.
• Advance Decline for the day was 65:1508.
• McClellan's oscillator for NSE at -93.

NIFTY TECHNICAL

Current Spot: 7809.00
Pivot: 7879
5DEMA: 8199
10DEMA: 8316
20DEMA: 8389
50DEMA: 8405
RSI (14 days): 24.37
Parabolic SAR: 8549
Supports: 7699 - 7589 - 7408
Resistance: 7990 - 8170 - 8280

Nifty Future VWAP: 7947.41
Nifty Future VIX Range: 7665 - 7939
MP Values Nifty Future: VAH - 8058, POC - 7953, VAL - 7848

BANKNIFTY TECHNICAL

Current Spot: 16811.80
Pivot: 17000
5DEMA: 17862
10DEMA: 18194
20DEMA: 18408
50DEMA: 18466
RSI (14 days): 26.53
Parabolic SAR: 18870
Supports: 16553 - 16294 - 15847
Resistance: 17259 - 17705 - 17964

Bank Nifty Future VWAP: 17113.86
Bank Nifty Future VIX Range: 16311 - 17069
MP Values Bank Nifty Future: VAH - 17412, POC - 17162, VAL - 16912

Thanks and Regards

MarketPulse S&P